New York lawmakers propose crypto tax to fund school programs

Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions. The proposal, introduced in the state’s Assembly on Aug. 13, seeks to apply a 0. 2% excise tax on the sale or transfer of digital assets like Bitcoin and Ethereum starting in September source: https://cryptoslate.com/new-york-lawmakers-propose-crypto-tax-to-fund-school-programs/